PHYL vs. YLD
Compare and contrast key facts about PGIM Active High Yield Bond ETF (PHYL) and Principal Active High Yield ETF (YLD).
PHYL and YLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PHYL is an actively managed fund by Prudential. It was launched on Sep 24, 2018. YLD is an actively managed fund by Principal. It was launched on Jul 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHYL or YLD.
Key characteristics
| PHYL | YLD | |
|---|---|---|
| YTD Return | 1.36% | 3.11% |
| 1Y Return | 9.46% | 10.78% |
| 3Y Return (Ann) | 0.98% | 3.30% |
| 5Y Return (Ann) | 3.96% | 4.79% |
| Sharpe Ratio | 1.65 | 1.98 |
| Daily Std Dev | 5.64% | 5.67% |
| Max Drawdown | -22.06% | -28.34% |
| Current Drawdown | -0.71% | -0.26% |
Correlation
The correlation between PHYL and YLD is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PHYL vs. YLD - Performance Comparison
In the year-to-date period, PHYL achieves a 1.36% return, which is significantly lower than YLD's 3.11% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PHYL vs. YLD - Expense Ratio Comparison
PHYL has a 0.53% expense ratio, which is higher than YLD's 0.39% expense ratio.
Risk-Adjusted Performance
PHYL vs. YLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Active High Yield Bond ETF (PHYL) and Principal Active High Yield ETF (YLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PHYL vs. YLD - Dividend Comparison
PHYL's dividend yield for the trailing twelve months is around 7.98%, more than YLD's 6.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHYL PGIM Active High Yield Bond ETF | 7.98% | 7.62% | 6.55% | 6.13% | 7.51% | 7.30% | 1.79% | 0.00% | 0.00% | 0.00% |
YLD Principal Active High Yield ETF | 6.70% | 6.46% | 6.51% | 4.21% | 4.40% | 4.81% | 5.83% | 5.86% | 4.47% | 2.56% |
Drawdowns
PHYL vs. YLD - Drawdown Comparison
The maximum PHYL drawdown since its inception was -22.06%, smaller than the maximum YLD drawdown of -28.34%. Use the drawdown chart below to compare losses from any high point for PHYL and YLD. For additional features, visit the drawdowns tool.
Volatility
PHYL vs. YLD - Volatility Comparison
PGIM Active High Yield Bond ETF (PHYL) and Principal Active High Yield ETF (YLD) have volatilities of 1.42% and 1.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.